Alsons Consolidated Resources Stead Fast For Mindanao

Business Operations

Energy and Power

ACR’s facilities are mainly focused on the island of Mindanao where these plants play a key role in providing electricity to fuel Mindanao’s growing population and expanding economy.

The currently operating power generation facilities controlled by ACR include the Western Mindanao Power Corporation (WMPC) 100 Mega Watt (MW) diesel-fired power plant in Sangali, Zamboanga City; that commenced operations in 1997, and the Southern Philippines Power Corporation (SPPC) 55 MW diesel-fired power plant in Alabel, Sarangani Province; that began operating in 1998. Both plants supply power to the Mindanao grid under an 18 year Energy Conversion Agreement (ECA) with the National Power Corporation (NPC).

ACR is also developing two coal-fired power plants that will help alleviate the power shortage in Mindanao. The Sarangani Energy Corporation (SEC) power plant in Maasim, Sarangani will have the capacity to produce up to 210 MW of electricity for Southern and South Central Mindanao. The SEC plant began the construction process in June of 2012 and aims to have its first 105 MW phase operational by August 2015. The San Ramon Power, Inc. (SRPI) plant will be located in San Ramon, Talisayan, Zamboanga City. The SRPI facility will be able to generate up to 105 MW of electricity for Zamboanga City and nearby areas. The SRPI plant is expected to be operational by 2016. Apart from the coal-fired plants, ACR affiliate Mapalad Power Corporation operates the 98 MW Mapalad Power Iligan Diesel Plant that currently provides power to Iligan City and several key population centers in Mindanao.

ACR is engaged in power plant management and maintenance operations under Alto Power Management Corporation (APMC) a partnership between Alsons Consolidated Resources, Inc. (ACR) through Conal Holdings Corporation (CHC) and Toyota Tshusho Corporation of Japan. APMC currently operates both WMPC and SPPC. APMC has also provided management or consultancy services to power plants in Vietnam, Pakistan, and Indonesia.

ACR’s business development vehicle for new power generation and other power related projects are handled by Alsons Energy Development Corporation (AEDC).

All of these efforts are in keeping with ACR's commitment to provide safe, reliable, and affordable power to the people of Mindanao and the rest of the country.

Property Development

ACR is engaged in the property development business through its subsidiary, Alsons Land Corporation (ALC). Established in 1994, ALC is primarily involved in two major enterprises; a 72-hole golf course development with a residential component called the Eagle Ridge Golf and Residential Estate.

The Eagle Ridge Golf and Residential Estate (Eagle Ridge) is a joint venture between ALC and Sta Lucia Realty Development, Inc. Spread out over 700-hectares in General Trias, Cavite. Eagle Ridge is the only golf club in the Philippines with four completed signature golf courses and three fully operational club houses.

Other Investments

ACR Mining Corporation (ACRMC) was organized to pursue projects in the mining sector. ACRMC holds the Manat Mining Claim located in the municipality of Nabunturan, Compostela Valley and the municipality of Maco, Davao Del Norte. The Mining Claim has a total area of 1,547.32-hectares.

ACR and the Alcantara Group hold substantial equity in Indophil Resources NL - publicly-listed company based in Melbourne, Australia, incorporated in 1996, to acquire, explore for and develop gold and copper-gold opportunities in the Asia-Pacific region - with particular focus in the Philippines. Indophil owns 37.5% of the world-class Tampakan Copper-Gold Project in the southern Philippines.